Methanol Market Share

APAC Market Statistics

Regionally, the global methanol market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Asia Pacific is poised to hold highest industry share of 76% by 2036, attributed to presence of numerous manufacturers of methanol in China, which is also the world’s largest producer of methanol.

Progress in construction activities in the region, along with the rising focus of the government of nations to produce eco-friendly products, and stringent government norms regarding emission control, are some of the significant factors anticipated to drive the growth of the market in the region. The market in the region is segmented by countries into China, India, Japan, South Korea, Singapore, Australia, Vietnam, and Rest of Asia Pacific. Amongst these countries, the market in China is anticipated to hold the largest market share of 74.50% by the end of 2036.